cooking artichokes: 2011

To tip, or not to tip, that is the question

What do the following professions have in common: a waiter, a hair dresser, a taxi driver and a pet groomer?

Answer: Tips

Tips are considered a part of their wages, and as the patron you are supposed to offer a little compensation for their services! But, ask anyone and I am sure they will admit to being unclear as to what is considered fair. Sure, tipping the wait staff at restaurants has become routine, but visits to a hair salon or spa, taking a taxi or using a concierge service are more likely to be done on occasion. Therefore, most people are not as confident with tipping etiquette for such services.

Boston.com has prepared a brief guide to tipping that will help you in those oh so uncomfortable situations, and this is far better, less cliche than the plastic, wallet size tip charts we had decades ago. For example, if you buy take-out food tipping is not expected from you, but if you are getting a manicure 15% tip is the way to go.

Interestingly enough, according to a survey by PayScale.com , 52% of hotel maid service income consists of tips, and such compensation covers up to 41% of a rabbi's income!

Some other important tipping highlights to keep in mind: tip the bar tender $1 per drink or 15% of the total bill, tip your delivery food person 10% and $2-5 for your cab driver.

Happy Holidays from Savvy Student!!!!

References:

http://www.pfadvice.com/2006/12/18/how-much-should-you-tip/

http://www.getrichslowly.org/blog/2006/10/12/basic-tips-on-tipping-how-much-and-to-whom/

The cost of your skipped classes

Have you ever wondered how much it costs you every time you choose to skip a class?

Savvy Student decided to calculate the approximate amount and here are the results.
If you take Brandeis per semester tuition of $20,257 and divide it by # of classes you are enrolled in, and then by 15 weeks of instruction, you will end up with about $337.61 per class per week.

If you take four courses per semester, each class is worth about $112.53!

On one hand, tuition is a set cost, so if you choose to take five classes the cost per class will go down. It also obviously does not matter whether you go to all or none of your classes since the tuition will remain the same.

Economists sometimes refer to this fallacy as the "sunk cost fallacy". Once you have paid your tuition, these funds have already been "sunk," and thus don't play a role in your decision making. Interestingly enough, animals and small children don't think this way!

On the other hand, there is an opportunity cost to every class you skip, which consists of the information you miss out on. So, really, unless you have a flu, you should always attend your lectures.

However, in case you ever doubt whether or not you should be going to class, you can always use the Skip Class Calculator , which, after asking you several questions about the course, will tell you whether the skipped class is likely to play a big difference in the long-run!

However, if you are studying for your finals now and wondering how you could have helped yourself be more prepared, the answer of course is, by going to class. And now you know that you would have also saved $$$!

Good luck with finals ;)

Savvy Student

Money Matters - at Home and Abroad

The questions that our office gets concerning Study Abroad Financing are infinite...
It is time for the SavvyStudent to try to clarify those, so read ahead!

BEFORE YOU GO ABROAD:

The main things to keep in mind:

- Pay Brandeis tuition by January 6th, 2012 (this will also include a study abroad fee of $400).
- Make sure you are aware what the costs are for your program's room and board, and you have received that bill as well.
- If needed, book an appointment with a financial aid advisor to discuss any additional options you have to assist you with the fees. Please, do so by contacting us at (781) 736 3700.
- If you are planning to use a Brandeis financial award when abroad, be aware that Credit Refunds will not be processed earlier than 10 days before the start of classes in the Spring semester. This means no earlier than January 7th. Please, account for mailing time if requestuing the check to an address abroad or in the US.
Please, refer to our comprehensive post from this spring for further details.

ONCE YOU ARE ABROAD:

Savvy Student won't be able to provide you with a spreadsheet for all the costs you will encounter when abroad, however, these are some questions you should strat thinking about:

- To prepare, first, do research on your country destination: what is the currency conversion rate? What is the average cost of a meal? How much does public transportation cost? Can you save by buying a pass?
- Most programs will send you a brochure containing most of the answers to the above questions, however, some research won't hurt. You can always contact students who have already done the same program and inquire of their monthly budget. The Study Abroad Office has an alumni base for all Brandeis approved programs, don't hesitate to utilize that! Keep in mind - everyone has their own spending limits!
- This being said - what is your budget going to be? Does your program provide daily/weekly meals? Are you planning to go out? Will you cook? Will you have to buy pots/pans? Buy souvenirs for 25 relatives? Shop for clothes? Travel around the country or abroad? PLAN ACCORDINGLY!
- Depending on the area of the world you are travelling to the cost of living may be higher or lower than in the U.S. However, regardless of where you are, be ready to face the fact that you will have more expenses than you would normally have at Brandeis. If you have a student job on campus, your student visa won't necessarily allow you to work in the country you are - so make sure you have pocket money on you!

If you have more suggestions or comments on how to budget abroad, please, feel free to share them with Brandeis Savvy Student! Your feedback is always welcome!

~Savvy Student

The Real Deal on the Occupy Movement- How Much it's Actually Costing

On the eve of the two month anniversary of the Occupy Movement, NYC Mayor Bloomberg commented on his decision to clear out Zuccotti Park, saying, "Protestors have had two months to occupy the park with tents and sleeping bags. Now they will have to occupy the space with the power of their arguments"

This statement and the Occupy Movement have truly become a symbol of the latter half of 2011 reflecting the dramatic downfalls in the economy and public dissatisfaction with the decisions made by politicians in attempts to tackle these problems. The protest has quickly spread around the country being taken on by the enthusiastic "99%". The movement, however, has also been critiqued by many arguing that, in fact, the participants are not as diverse as they present themselves to be. Whatever the make-up of the crowd it is important to point out their incredible ability to self-organize, while noting that the city governments have been nothing but respectful towards the freedom of speech and self-expression.

Since the Movement is addressing today's economic challenges it is only natural to be curious as to the costs involved with such a wide spanning, long lasting event. So, Savvy Student has done some research and come across the following information...

Occupy Wallstreet has became a tourist attraction and has inspired more than $500,000 in donations!

By Oct. 11th the New York Police Department already spent $1.9 million, mostly in overtime pay, to patrol the area near Zuccotti Park, where hundreds of protesters were camping out for several weeks.

By Oct. 27th in New York City, overtime costs were $3.4 million. In Minneapolis, the sheriff’s department reported spending $200,000. And in Boston, the tally was $2 million.

By Nov. 13th The New York Post reported on the effects that the Occupy Movement had on many small businesses in the Zuccotti Park area. They have lost approximately $500, 000 in profits since the protestors took over the park making it unapproachable for the use of others.

By this time Public Safety chair Councilman Peter Vallone reported the total costs of NYPD have risen to $5 million.

At the same time, in a city like New York protests and demonstrations are not a novelty."By comparison, it cost about $50 million for one week to secure the Republican National Convention in 2004." Roughly $5 million spent on the Occupy does not seem to be a big sum in the context of $66 billion annual budget of the City.

Not everyone, however, shares the city officials' respect and commitment to the freedom of speech. Some Occupy participants have reported losing their jobs, because their employers did not approve of their involvement with the protests. It is perhaps an extreme example, yet, it makes one reflect on the ways and means of expressing opinions. The Brandeis community has a reputation of being highly involved with activist demonstrations, but do we often evaluate the financial costs of such?

~Savvy Student

References:

http://www.quora.com/How-much-does-Occupy-Wall-Street-cost-New-York-City-each-day/answer/Avi-Atkin

http://www.digtriad.com/news/local/article/198990/57/The-Cost-To-Occupy-Winston-Salem

http://www.theblaze.com/stories/occupy-wall-street-costs-local-nyc-businesses-close-to-500k/

http://www.gobankingrates.com/banking/is-the-cost-of-occupy-wall-street-worth-it/

Black Friday: A day of dazzling deals or a day of devious deception?

Black Friday: The day when the daring shoppers of America venture out of their homes at three in the morning to fight off their fellow (wo)man for unbelievable savings. The day that kicks off the retailer's holiday season, providing approximately 20% of annual sales.

However, it seems that these coveted deals may not be as miraculous as advertisers lead us to believe. That beautiful new Samsung TV that you buy for half of the original price may be half of the quality as well. The products are being referred to as "derivative" products and there are a few substantial differences between these products and the original products. In fact, in a 2009 investigation, Consumer Reports highlighted derivative electronics and "found that these products are generally manufactured more cheaply, sometimes with less-expensive components, and that they are generally missing a few features present on the standard models" (Time.com).

If you're worried about purchasing a derivative product, be sure to check the model number. If the product is a derivative, the model number will be slightly different from the model number listed for the original product.

Some other Black Friday deals are questionable as well:

Beware of store credit cards! Although many stores will dazzle you with extra savings if you sign up for their credit cards, this discount could be taking points off from your credit score, which could be detrimental to you if you plan on applying for a loan in the near future.

Some of the deals that retailers such as Staples or Best Buy boast about are equal to deals that can be found frequently online.

Some stores require that you mail in a rebate in order to actually get the deal.

For more information on Black Friday, check out this article from Time.com.

Hopefully these tips will help you have a successful, derivative-free Black Friday!

Happy holidays!

Savvy Student

Unmentioned Holiday Spending Advice

It's that time of year, where the holidays are just around the corner. But before you being your Black Friday shopping spree keep this holiday spending advice in mind, brought to you by Forbes:

1) The human element: Although you might make a budget, when you actually go into the store, oftentimes, that budget goes right out the window. The reason? Your emotions. Once you enter the store, you begin to think that your friend, parent, or significant other deserves more than a $20 dollar gift card. So, you begin searching, oftentimes spending more than you had originally intended. The key to avoiding this is to be aware of the emotions of the gift recipient. If you are in tune with one another, you won't end up wasting money on gifts that you might like but that the recipient won't really appreciate.

2) The reciprocity rule: We've all been there. You are exchanging gifts and you receive an expensive gift. The feeling of guilt washes over you, as you realize that you did not spend nearly as much as they did. Or worse, you're in the store, and you think that the gift recipient will spend much more on you than what you're planning to spend on them, so you decide to get something else instead, something more expensive. Forbes says, the "unwritten reciprocity rule" is more about dollars spent then it is about value. However, shoppers should try to reframe the rule, making it about the value of the gift instead of just the amount spent.

3) The "add-ons": You're shopping in your favorite store with a goal in mind, to buy your friends gifts. But out of the corner of your eye you spot that sweater than you've been drooling over for a month now. You're more likely to purchase it now, maybe even using the excuse, "Well, this will be a holiday gift for myself..." In addition to these purchases, stores often use tactics which help encourage shoppers to spend. They change the lighting, music, and merchandise layout, all to make sure that you spend. All of this drives up the statistics of holiday spending, and making quite the dent in your wallet. The best thing to do is to be aware of these tactics and don't let them sway you.

Be sure to keep these pieces of advice in mind when heading out to do your holiday shopping!

To read the whole Forbes article click here.

Happy Shopping!

Savvy Student

Under $20 Holiday Gifts

It may be hard to believe, but the with Thanksgiving around the corner, there's something we're all beginning to think about: holiday shopping. Holidays are hard when you're on a budget- and while we at savvy student are big fans of home made gifts, we know that sometimes time is of the essence, so we've been doing our research to find some great gift ideas for $20 or under at some of our favorite retailers.

Pier 1 Imports - http://www.pier1.com/

When you think cheap, your first thought is probably not Pier 1, but they have a lot of great jewlery, scarves and nick nacks on the cheap. We found some beautiful earrings for less than $5 in the clearance bin! Other steals can be found in nice frames, beautiful candles and a crazy hula girl duster!

Fred Flare - http://www.fredflare.com/
Fred Flare is a fun site to find unique clothing and odds and ends that you won't see other places. They have many silly apartment goods, including a "Nice Jewish Guys" calendar for just $16 and a duckie tea infuser for just $15. You can also get good ol' space ice cream for just $5.

Uncommongoods - http://www.uncommongoods.com/
Uncommongoods which self-promotes their "unique gifts and creative design" has a lot of fun stuff for cheap. From hats to tic tac toe plates for $15 you'll find interesting and creative gifts here for sure!

Forever 21- http://www.forever21.com/ Local store on Newbury Street in Boston

While most Forever 21 stores do not have men's and women's clothes, online you can find great deals for clothes and accessories for everyone on your list, including teeshirts for $10 or less. You can also find gender-neutral scarves and mittens for cheap in store and online.

Amazon- http://www.amazon.com/
Always a favorite for students because of the free "prime" shipping deal (Register with your Brandeis email here!) There are a lot of great finds on the site, including a lot of $5 MP3 albums that you can send to a friend electronically!

Urban Outfitters - http://www.urbanoutfitters.com/ Local stores in both Boston and Cambridge

Not only can you find some great steals in the bargain basement at Urban in Cambridge, there are also a lot of fun and unique items for sale on their website.

Restoration Hardware - http://www.restorationhardware.com/
Don't let the title fool you, there are a lot of fun things to buy on this site that have nothing to do with furniture or hardware! We like to go to the stocking stuffers section for some great deals, for some interesting gifts for everyone on your list: including a pocket microscope for just $15 (science friends?) and a race car night light for $18! (the friend who has everything?)

Bath and Body Works - http://www.bathandbodyworks.com Local stores in Watertown and Boston

If you do it right, you can really get some great deals at Bath and Body Works. There are a lot of savings if you buy multiple of different lotions or soaps, like the antibacteral soap, 4 for $15. There are also some fun gift sets, including the $10 travel-ready sets!

Something important to think about: shipping. Many times small online purchases can get costly if you're paying $5-10 on shipping alone. There are sometimes "deals" with free shipping if you spend a certain amount, but that's often for purchases of $50 or more. That being said, you can combine your order with a friend or two to get the deal, or search online for coupon codes for free shipping (retailmenot.com is a great resource for this too!) With Black Friday coming soon, many retailers are celebrating "Cyber Monday" and offering even more great deals with potentially free shipping on smaller orders. Be on the lookout for these deals!

Shop savvy,

Savvy Student

You're Charging Me What?

How often have you heard the term "Nothing in life is free"? Although this is a sad reality for many things, it's hard to swallow when free checking accounts no longer exist without meeting certain financial requirements.

According to an article from the Boston Globe via Boston.com, several area banks, including the Brandeis top three, BOA, Citizens and Sovereign all have monthly maintenance fee's. And, when it comes to hard earned work study funds who wants to pay fees on top of taxes?

Bank of America is said to be charging $6 per month on their most basic checking account, separate and apart from their recently scrapped $5 debit card fee. Citizens is charging $4.99 unless you meet their waiver criteria, while Sovereign Bank also charges $500 unless you keep a minimum daily balance of $500 in your account.

The most expensive bank fee comes from First Republic Bank. They charge $18 per month unless you have a minimum balance of $1,800 and to even open an account you must deposit $500. First Republic does have a basic checking account with a more reasonable $3 monthly charge, but only in New York.

If you want to read the article and view other local bank fee's click here.

~Savvy Student

I'll be home for Christmahanakwanzika, if only in my dreams!

With spring registration upon us, it's hard to believe that we are more than half way through the semester and already into the start of November. This fall in particular, we have been especially lucky to have vacation days spread throughout much of September and October. Refer to the Academic Calendar for specific days with NO class! Yay! And, with the holiday season in full view, it is time to start planning. Remember the "early bird catches the worm," or, in this case, the deal.

Some of you will choose to stay around campus for Thanksgiving and other holidays, but many will travel near and far to visit friends and family. Even getting to Boston requires some logistical planning! To continue our Travel themed NYC bus post, here are some more tips from Savvy Student Traveler!

Airports, oh, don't we love them all!

BOSTON LOGAN INTERNATIONAL
To reach the Logan Airport take the 553 Bus from Cappy's Pizza to South Station (not on weekends). From there take the Silver Line to Logan Airport.
Total: $2.80 (with Charlie Card)
-OR-
Take the commuter rail (Fitchburg Line) to Porter Square, Cambridge. Switch for the Subway (Red Line) to South Station. Take the Silver Line Bus to Logan Airport.
Total: $4.75 + $1.70 = $6.45 (with Charlie C ard)
-OR-
Take a Cab
Total : $50 - 70

Remember: You can always share a ride with your friends, room- and hallmates! (Remember, however, fares can vary depending on the number of passengers.)

PROVIDENCE T.F GREEN AIRPORT
Logan serves many national and international airlines, however, don't foget that it is not your only option. The T.F Green Airport in Providence is well served amongst many by: AirCanada, Continental, Delta, United, US Airwaves.
It is easier than you might think to get from T.F Green to Boston:
Take the direct commuter rail train to Boston South Station (Providence Line). In about an hour you will be downtown, hop on the Red Line and take the train to Brandeis from Porter Square!
Total: $8.25 + $4.75 = $13

FOOD AND TRAVEL
Eating at the airport can be very costly!
After checking-in your bag, going through security and finding your gate, you are exhausted! As you sit down in the waiting area, you will realize that you have at least another hour till boarding (if the flight is not delayed) and, by the time the flight attendant will serve you dinner you are starving! Sounds familiar?
In the rush to the airport it is easy to forget to grab a snack. However, if you don't want to spend a ton on that Starbucks sandwich, you probably want to plan ahead, which can save you $$$.

1. Before going to the airport pack an EMPTY water bottle.
You will pay at least $ 2.50 JUST for water after you go through the security check.

2. Take snacks with you! Chips, crackers and granola bars are safe. Make sure not to bring fruits or dairy products, as those are not allowed if you travel overseas.

3. Wrap up a sandwich to go from home or grab it from Einstein's before leaving Brandeis!

4. Take tea bags or instant coffee with you, so if your airline charges you for drinks, you can just ask for hot water.

If you are willing to splurge a little while waiting at the airport, you can choose from some great dining. Check this out for details about the best airport food from around the country. Boston's very own Logan International Aiport is featured!

CHEAP AIR FARES
For some of the best airfare deals check out the following:
Kayak.com, AirFareWatchDog, and SpiritAirLines

Happy Flying (and eating),
Savvy Student

Make Your Voice Heard to Protect Student Aid

The Student Aid Alliance is a coalition of 62 higher education organizations united in support of federal student aid. Now more than ever, students need an advocate to preserve the PELL Grant Program and other student aid programs.

Just yesterday, the Student Aid Alliance issued a call to action to their member organizations, requesting help in voicing the opinions of students in support of preserving these programs. Their message is below:

As you well know, the Joint Select Committee on Deficit Reduction (“the Super Committee”) is crafting a debt reduction plan that may be released as soon as *November 18th*. Additional cuts to student financial aid programs remain on the table, so we wanted to make sure that you were aware that the Student Aid Alliance is mobilizing students to sign a statement of support to reinforce advocacy efforts to preserve the PELL Grant Program and other student aid programs.

Make your voice heard! Sign the Student Aid Alliance statement of support today!

~Savvy Student

Could You Just Remove the Hold While I Register Please?

The only thing scarier than class registration is All Hallow's Eve the night before, unless you go to add a class on Tuesday and find out that you're Sage account is on hold- now that will cause quite a fright! With spring registration around the corner, we want the process to be full of treats, not tricks, so we thought we would start with a gentle reminder to relieve yourself of any surprises by checking Sage before November 1st.

If you find your account has been placed on hold through Student Financial Services, the top three reasons are either a past due balance, an unsigned promissory note for your loans, and/or a request for documents that have not been received. Each student with a hold from SFS should have been notified by email, so please check your spam filter. Holds are placed on your Sage as a way for our office to notify you of required balances, forms, etc. that we are missing, which means we will not be able to remove the hold temporarily to allow you to register. As cruel as it may sound, we want you to resolve the issue before moving forward, so please take this as advanced notice so that you can register with ease.

If you have a past due balance on Sage you may pay it off with cash or check in the Office of Student Financial Services located on the second floor of USDAN. Payments are also accepted online through a credit card or electronic check.

Most unsigned promissory note holds can be resolved online, but please check with our office for clarification on what is required. All other SFS related holds should be directed to one of our staff members Monday through Friday from 9-5pm.

If there is another hold on your account not related to SFS, please consult that individual office or department to have it removed in time for your enrollment appointment.

Best of luck to you- we do sincerely hope you get into all of your planned courses.

~Savvy Student

6 Things to Never Reveal on Facebook

As technology flourishes and becomes essential to our everyday life, it is hard to differentiate what is appropriate to put on social media sites such as Facebook, MySpace, Twitter, and dozens more. We all know that jobs are reviewing these sites before hiring, but did you know that ill-advised Facebook postings increasingly can get your insurance cancelled or cause you to pay dramatically more for everything from auto to life insurance coverage. Debt collectors are also throwing away their phone books in favor of searching social networking sites to find people. Savvy Student understands the fear this may instill in most of us, (Pachanga pictures are not always the best representation of our character) so we want you to know six things to never reveal on Facebook.

1. Your Birthdate and Place

Of course you can put your birthday on Facebook but without the year. Identifying the year and birth place allows thieves the opportunity to steal your identity. According to a study done by Carnegie Mellon, identifying a date and place of birth makes it easier for thieves to predict most of the numbers in your social security number. Now that's scary!

2. Minute to Minute Details

Never post something to the extent of " Leaving tonight for Madrid. Won't be back for a week" or "Heading to the grocery store". We understand how excited you are about going home or visiting a new place, but everyone can see that post and know that your belongings are being left unattended. Post the photos on Facebook when you return, if you like. But don’t invite criminals in by telling them specifically when you’ll be gone.

3. Home Address and Phone Numbers

I know that you may find this hard to believe, but many people put their home address and phone numbers on social networking sites. When uploading mobile pictures onto Facebook, it automatically updates your site with that phone number. Please be cautious with such personal information--do not include it ever!

4. Confessions

Your social networking site is exactly that, YOUR site. But it is not the place to admit that you hate your job, lie on your taxes, or are an adamant drinker. Employers commonly peruse social networking sites to determine who to hire — and, sometimes, who to fire.

Need proof? Recently, an emergency dispatcher was fired in Wisconsin for revealing drug use; a waitress got canned for complaining about customers and the Pittsburgh Pirate’s mascot was dumped for bashing the team on Facebook.

5. Password Clues

You may not know that you are doing this, but it is very common on many social networking pages. Because you and your friends are answering each other's quizzes about the most important and personal things in your life, you are allowing hackers to figure out your password. Many of the security question answers you tell Facebook, your friend posted under your quiz "My favorite things", i.e your favorite song of all time.

6. Risky Behaviors

If you like to street race or smoke like a chimney, do not reveal that on your social media site. Insurance companies are accessing your page to see if you are putting yourself or your property at risk. This method of verification is fairly new, but quickly progressing. You can read more about this new phenomenon here.

Safe Posting,

Savvy Student

The Top Ten's for Halloween 2011

Are you stuck for costume ideas this year? Well, look no further. We found the 10 best newsworthy Halloween costumes for this year along with a list of our Savvy suggestions for those of you who are on a budget.

Time.com has compiled a costume list that doesn't include the cast of Jersey Shore, but get out your poster board and transform yourself into an "Occupy Protestor" because this will probably be your fall 2011 Best Bet for the money. You can read the full article here to see Time Magazine's full list, which includes Kate Middleton and Charlie Sheen, to name a few.

If you are hung up on ideas, try a costume specific to New England. Find an orange jumpsuit or sweatsuit, so that you can become Whitey Bulger for the evening. This is quickly becoming the "it" costume for Halloween 2011. If you have no clue where to buy orange clothes try a hunting or sportsmen store such as Bass Pro Shops or Cabela's. You may also luck out at a thrift shop.

With just a simple pointy hat and black dress you can be a Salem Witch or with a plain white bed sheet you can dress up as a colonial ghost- just remember cutouts for the eyes and mouth. Animals are always a popular costume idea and easy to put together. Sports stars are also an easy and cheap pick for the night. Plus you can take your pick from the Bruins (bring a fake Stanley Cup with you), Celts, Red Sox or Pats.

With a box and duct tape you can dress up as a robot. If the box is too much to walk around in for the night you can use it to make a robot hat and robot cuffs. This also works if you want to go as the tin man from the Wizard of Oz.

As vampires are all the rage this year, dust off your interview suit, apply some makeup and off you go. If you have an old prom dress pull it out of the closet and you can become a character from the movie "Bridesmaids". If you liked the movies "Hangover" or "Hangover 2" you should grow a beard, wear a wrinkled up button down shirt, loose tie and you are ready for the night ahead, or maybe you had too much fun before the night actually began! If you want your costume to be a little more authentic, or if you want to one-up your friends, try to recreate the Mike Tyson tattoo.

There are always options for Halloween costumes, both inexpensive and easy to create. All you need is a little patience and creativity, or a friend who has those traits and is willing to assist you!

Halloween is fast approaching, so if you have costume ideas for your fellow Brandeisian's drop us a note and we'll post it for you.

Happy Halloween,

Savvy Student

Take Away for a Rainy Day!

Let's be honest, you may not always be in the mood for campus food or it may be a typical rainy Boston day when the last thing you want to do is leave your dorm. How about calling for delivery?

Ordering in is always tricky especially if you have not been to the restaurant or even tried their food. Savvy Student has compiled a list of some of the best delivery restaurants around campus that won't put a hole in your pocket.

There are multiple Asian restaurants around the area, but Pho & Spice is one of the best options. Here, you can find Thai, Japanese, and Chinese with a great list of Vegetarian options. It is open until 10 P.M. with a $15 minimum fee and a $2 delivery charge. It may be a little pricy but the menu is worth it. The best part is you can order online!

Cheap Chinese food is always a late night favorite. For the best cheap, open-late Chinese food, you can order from Asia Wok. This little place on Main St. is open until 1 A.M. on weekdays and 2 A.M. on weekends. Asia Wok offers over ten different fried rice options and sweet & sour anything for very reasonable prices. It's delicious!

Feeling spicy? Ordering Indian from Bombay Mahal will do the trick. You can order any type of meat or vegetable prepared in any sort of way, with a sauce ranging from mild to super spicy. The restaurant is open everyday until 10 P.M.

Say Olay! when you call for delivery from Waltham's Mexican food gem, Taqueria Mexico. The little hub offers free delivery until 10 P.M. every night and 11 P.M. on the weekends. Taqueria offers a huge menu of very authentic Mexican cuisine for a very small price. You can get eight different kinds of tacos for just $2!!!

Wanting something a little sweet? Have you ever ordered frozen yogurt for delivery? Well, now you can with Prospect Deli, a very popular delivery place for Brandeis students. They offer any flavor and topping combination possible. A student favorite, not only for it's frozen yogurt, but also for it's yummy menu.

For these restaurants and more, check out CampusFoods, a great way to order directly on line for your favorite restaurants. You can also get discounts!

Happy eating!

Savvy Student

Enjoy the B's on a Budget!

Did the Red Sox put you in bad spirits? Don't fear, the Bruins are here!

The Boston Bruins season starts TONIGHT... and while you may be watching it on TV today, there are lots of ways to be savvy about tickets and get yourself at the "Gaahhden."

We've done our research and found that there are tickets available through Ticketmaster for just $15! Other places to look for tickets (but probably not for any less than $15...) are the following:

-GoTickets
-StubHub

Also, be on the lookout for college nights, there are specials on tickets from time to time that are only for card-carrying college students!

Go B's!

-Savvy Student

Savvy October Fun

October has become synonymous with Halloween. Once 10/01 hits, pumpkins and ghostly arrangements are already placed outside homes, dorm rooms and even grocery stores. Savvy Student understands the excitement and rising anticipation for this wildly fun holiday, as well as the desire to escape some of the decorative skeletons and spiders for a while. Here's a few fun October festivities for everyone, whether you're in the Halloween spirit or just want to get out and enjoy the crisp autumn air!

1. Psychic Fair and Witch Expo

FREE and happening October 1st to the 31st! Come join the city of Salem at their Museum Place Mall, which will feature tarot card reading, mediums and spirit guides. You can also view a list of events happening in Salem here.

2. Fear at Fenway

From October 28-November 6, Fenway will be taken over by Spooky World for the very first time. Imagine the legendary Big Concourse filled with three haunted attractions that will spook your world. To buy tickets, click here.

3. Halloween - the Mass Aubudon way

Mass Aubodon works to protect wildlife and people in Massachusetts. It takes care of 34,000 acres of conservation land and provide educational programs from thousands of children and adults to participate in. October 28-29, come to the Ipswich River Wildlife Sanctuary to learn about the creatures of the night. You are even encouraged to come in costume! Advanced registration is required so read more and register here.

4. Vegetarian Food Festival

The 15th Annual Vegetarian Food Festival is back from October 29-30, where you can enjoy free samples from natural food providers and top chefs from around the world. Read the details about the festival by clicking here.

5. Head of the Charles Regatta

On October 22 -23, the world's largest two day regatta will take place along the Charles River. Starting from the Boston University Boathouse to the Artesani Playground in Brighton, this event is one not to miss. Many of the tents and excitement are generally located near Harvard, where there are at least 3 bridges within walking distance of each other with great viewing points of the races. Brandeis Crew will have at least one men's boat rowing that day, so be sure to show your Brandeis pride while you're there!

These are just a few of the exciting upcoming events happening in October. Check out sites like boston.com, or just search the internet for local apple orchards (and their prices!) to satisfy those Fall cravings.

Happy October,

Savvy Student

And Yet Another Fee?

If you missed the news this morning then you missed a very important announcement regarding banking fees and the ever evolving economic crisis. Several banks are testing out new fees while Bank of America has made the decision to move forward and charge their debit card customers $5 per month, a change that will go into effect in early 2012. BOA will roll out their fees in stages in order to help recuperate the loss of revenue caused by a Federal regulation capping the fees that banks can collect from merchants when customers swipe their debit cards. In 2009 those fees generated nearly $19 billion in revenue. In response to tomorrow's new regulation banks are pushing debit card fees with the hope that customers will become increasingly reliant on credit cards thereby generating other sources of revenue.

Bank of America has assured its customers that the fee will not apply to ATM use and will be applied monthly for unlimited debit card use. Still, we at Savvy Student have to wonder, where we can draw the line on fees. With Bank of America beginning their exploration of the new fee system, many banks are following suit, including JP Morgan, Chase and Company and Wells Fargo.

Sun Trust, a regional bank in Atlanta, GA began charging their customers this past summer, however, BOA is the largest U.S. bank by deposits, so it is making national headlines.

If you would like to read more about the new $5 fee check out the WHDH report here or the CNNMoney article here.

If this post was helpful let us know. If you turned red in the face and steam came out of your ears then you are not alone.

Awe such is life,

Savvy Student

Boltbus or Megabus?

Both MegaBus and Boltbus were launched in 2008, which was an excellent time to attract recession-stirred folks looking for alternative modes of travel. Offering modern buses, outlets, free Wi-fi and extra legroom these buses quickly became the ideal choice of transit for college students, penny-pinching backpackers and even entrepreneurs who frequent major cities for business or pleasure.

So which to choose?

First, let's review the ammenities, as summed up by a travel blog.

WiFi: Bolt: Yes Megabus: Yes

Power Outlets: Bolt: Yes Megabus: Varies

Leg Room: Bolt: Good Megabus: Tighter

On Time: Bolt: Varies Megabus: Variess

Personnel: Bolt: OK Megabus: Great

Second, what about price?

A small sampling of the prices at the time of writing this shows Megabus to be a bit cheaper.

Bolt: 9/29 - $15
10/7 - $23-$32

Megabus: 9/29 - $10-$13
10/7 $13-$24

The Verdict? If you're interested solely in saving a buck, opt for Megabus. If leg room and/or power outlets are a deal breaker, choose Boltbus.

In addition to these options, there are always the more expensive alternatives such as Limo Liner or Peter Pan bus lines. Limo Liner rates were as high as $68, however, their advantage is leg room, smaller number of travelers and ease of access to the city. Peter Pan bus lines advertise rates as low as $1, however, in our comparison research we kept running into rates as high as $40. Lucky Star and Fung Wah buses also provide cheap transportation between Boston and NYC, except they have mixed reviews over safety and value, so the verdict is out on these two options.

Whether you are planning to travel now or in the future we hope this information was helpful. If you have any hot tips for cheap travel please let us know and we will post the info.

Happy Trails,
Savvy Student

Welcome to Candidate Gateway...

The fall semester marks the start of a new academic calendar and a whole slew of opportunities, from new classes to new relationships and even student employment. Whether you have Federal Work Study or you just need some extra cash working on-campus is one of the most convenient ways to earn money.

In order to obtain on-campus employment you must:

Receive a BLUE EMPLOYMENT ELIGIBILITY CARD from the Office of Student Financial Services

In order to receive a blue card, you must come to the Office of Student Financial Services (located at Usdan 130) to complete the I-9 form. You must have acceptable original documents with you to prove your identity and your eligibility to work. The I-9 Form and the list of acceptable documents are available here.

*You will need to show your blue card to employers when you go into an interview so that they know you have completed all of the necessary paperwork.

Use the NEW online website to apply for jobs

The website can be found here. If it is your first time on the website, you must register by clicking "Register Here." Before you are able to fully submit your job applications you will have to upload a resume to the website and enter some biographical information. Once you have successfully submitted the applications you will get an acknowledgement email. If the supervisor finds that your qualifications match their need they will contact you for an interview.

*Need resume help? Visit Hiatt in Usdan 15 or visit the Hiatt website here for tips, samples, strategies, and advice on crafting a stand-out resume.

Sign up for direct deposit

After finding employment you will want to sign up for direct deposit, the most efficient way to receive your paycheck. After being hired, you will receive an email asking you to log on to sign up for direct deposit. You can also find the direct deposit website here.

*If you have any questions regarding your direct deposit, contact the payroll office. You can find their contact information here.

Happy job hunting!

~Savvy Student

This Weekend: Music, Arts and Friends - What else could you Wish for?

While rushing to a 9 am class in the morning, you might notice that everyone seems to be walking even faster just to stay warm. Feeling the crisp fall breeze, getting your sweaters out - but wait, there is still some time left to enjoy the sun in New England!

The next two weekends in Boston are full of free events that YOU should be at!

September 17th

MixFest 2011 at the DCR Memorial Hatch Shell

Amongst the artists performing this year are: Lifehouse, Grace Potter and the Nocturnals, Michelle Branch, Sarah Bareilles and Javier Colon!

Septemebr 18th

Opening of the Linde Family Wing of Contemporary Art at the MFA

The MFA is celebrating the Opening of their new modern art galleries with a 24-hour event. The first 12 hours have ticketed admission, but on Sunday the 18th the Museum is free for all and is full of wonderful activities such as short films, zumba classes and a performance of the Boston Typewriter Orchestra! Check it out!

September 24th

Berklee BeanTown Jazz Festival on Columbus Ave.

If you are too busy this weekend, no worries, there is something else to look forward!

During the weekend of September 23rd to 25th the Berklee College of Music is organizing their annual open-air music festival. On Saturday there will be several stages set-up on Columbus Ave. in the South End. In addition the street will be full of various vendors of food, clothes and jewelry! But the music and awesome atmosphere are FREE!

Savvy student hopes you will enjoy your time at any of the above!

Buying Books? Here are your options!

As the Fall semester begins and the registration period is coming to a close, it's now time to start thinking about books; not just ordinary fun-reads, but must-haves for the classroom. And, as there are several options between buying new, buying used or renting Savvy Student is here to help you save money and navigate your options.

The Brandeis Bookstore has all of these options, and has all of your textbooks available. But be aware of the return policy! The bookstore also offers a buy back option at the end of the semester, where it offers students the option of selling their textbooks back. Make sure to ask the bookstore for info on that!

Websites such as Half, Amazon, and Barnes and Noble, are great places to start comparing prices. These sites offer textbooks at huge discounts, and there are options to rent, buy used, or buy completely new. It's up to you!

If you're a fan of renting books, there are several top notch websites that can help you do so. To compare all the rental prices, check out TextbookRentals. Also, a popular textbook rental source is Chegg, which even comes with a 21 day rental return guarantee, in case you decide to drop or switch classes. With flexible rental times and free shipping both ways, CampusBookRentals is also a great site. They offer a wide selection and are often very cheap!

In addition, Amazon let's students rent textbooks to their kindle, which provides an innovative alternative to a regular textbook. You can also buy books to your ipad. Textbooks are definitely keeping up with technology!

It's also useful to ask your professor if using an older edition is permitted, because previous editions are oftentimes cheaper than current ones. Usually there are minimal differences between the texts and professors don't mind. Also, some students prefer using the International Edition of a textbook, which is typically the exact same text, with a cheaper price tag.

We hope you try these tips since there are often lots of discounts when it comes to textbooks, it just takes a little time and effort.

Happy reading!

Savvy Student

Hey First Years-Here's What You Don't Learn at Orientation...

Now that you're here and an official Brandeis student we want to give you the scoop on campus life- the real deal! We want to help you with your list of "Must Haves" and "Have Not's" for the semester. Think of Savvy Student as your "Dorm Life For Dummies" Guide, things we wish we had known entering Brandeis, but only recently discovered.

First and foremost, since we are a financial forum we found a really great article in Time Moneyland which features 9 awesome tips for students wanting to open their first credit card! You can't miss this editorial, so check it out here.

As a new student decorating your dorm room or at least adding a little "charm" to the painted brick is quite an undertaking. So, we have gathered a top ten list of the most important items that you will need to take along with you, as well as a list of the one's most students found unnecessary. And, what you might find topping the charts is probably not the first thing you would think to grab for, but landing at #1 is a First Aid kit, for obvious reasons. #2 Sewing Kit, not the "Project Runway" sewing machine, but the "I just lost a button- help" kit. #3 Fan, for those dorm rooms that get "hot, hot, hot". #4 Mini Vac, for those that like to keep it clean. #5 Quarters, quarters and more quarters for laundry, vending machines and the like. #6 Umbrella and Rain Boots because sometimes you just feel like "Singing in the rain"and not getting wet. #7 Flip Flops for the shower- it is a necessary evil. #8 Shower Caddy because you can't hold soap, shower gel, bath poof, shampoo and towel all at the same time- you just can't! #9 Desk Lamp or Book Light, for late night cram sessions when your roomie is fast asleep. #10 Extension cord, just because the outlets are not always in the most convenient of places.

Items on our not too hot list include over the door hangers-mostly because they don't fit and you will find yourself shoving the door closed. There is no need for door mats, decorative string lights or excessively pricey bedding and pillows. Remember you want it to feel like home, but you are moving into the dorms, not Shangri La. Save the nice stuff for your first place! Also less is more. The rooms may be too tight and cramped for lots of additional furniture. It is best to organize what to bring with your roomie(s) and to shop once you know your space limitations.

Once you have arrived and settled in you may want to explore campus and it's surroundings- greater Waltham, Boston or even The Cape. And, without a car what is the best way to get around? Well, Zipcar of course! Other options include the new bike share program in Boston, Hubway or DeisBikes right here on campus. With each of these programs students can inexpensively run errands or explore new areas. Check out the Brandeis Transportation Overview here. Zip Car requires a membership and driver's must be 18 or older. The cars are located in the Stoneman/Public Safety parking lot. Brandeis also offers shuttle service in and around Waltham, Cambridge and Boston.

In Rome, do as the Romans do, so at Brandeis, do as the Brandeisians do. Join a local bank and make it easy on yourself to get your Federal Work-Study funds or refund check fast. Bank of America, Citizens Bank and Sovereign Bank ATM's are located on campus in Gosman Sports Complex, Shapiro Campus Center and Usdan Student Center, respectively.

You probably don't know that Brandeis has a Classifieds section for students, faculty and staff. If you are looking to buy or sell your random trinkets, used books, etc. then you must check out what your fellow classmates have advertised. This is also a great place to search for off-campus summer housing and more.

Lost and Found- did you get distracted in class and leave behind your keys? ID card? IPod? Well, hopefully a good samaritan turned it in to Public Safety or the Shapiro Campus Center. If you left items behind at the Office of Student Financial and Academic Services then please come back to claim them. We have a lost and found drawer specifically for those days when students haven't recovered from their late night study sess.

Whether it comes in the form of new essentials for dorm room living, a Zipcar membership, or a new bank account, Savvy Student is there to guide you through your first steps at Brandeis and beyond. Check back throughout your time at Brandeis, you just might learn a thing or two.

~Savvy Student

Need Extra Cash for Books? Try Student Employment...

For those of you who are in serious need of some spending or grocery money (and have some time in your schedule - school comes first!), landing a job may be your best bet. Job searching is time-consuming for everyone, and it can be especially challenging for college students who are busy taking 4 to 5 classes while holding multiple leadership roles in clubs and activities. Savvy Student is here to help.

The perfect place to start is our Student Employment website, where you can read up on employment eligibility while locating all of the necessary forms required to begin working. You may also research job opportunities both on and off-campus.

Federal Work-Study

Federal Work-Study (FWS) is a grant funded work program. Students are paid by Brandeis, however, the wages are actually a combination of both university and federal funds. FWS is awarded to eligible domestic undergraduate students as part of their financial aid award. FWS students have hiring priority for most on campus jobs for the first month into the semester, and may work either on-campus or at an approved off-campus community service agency. However, FWS does not guarantee job placement - you still have to land the position based on your own merit (impression, resume, and interview).

University Employment

University Employment is a work program funded entirely by the university and is awarded to eligible international undergraduate students as part of their financial aid award. Students may work on-campus only.

Students who receive University Employment are also given priority through the first month of the semester. However, University Employment does not guarantee job placement - again, you have to earn the position on your own.

More information and frequently asked questions can be found here.

And here is a list of on-campus jobs that are currently being offered.

If you have questions, you can always contact Student Employment in the Office of Student Financial Services. Good luck and happy job-hunting!

Savvy Student

The Fall Bills Are Out...Now What?

As the due date approaches for the fall 2011 bill you must be thinking, panicking or planning out how you are going to cover the semester balance. Take some deep breaths because Savvy Student has the 411 on ways to pay your bill. And, as diverse as our student population is, so are our payment options- made with you in mind.

1. Check or money order You have the option of mailing a check or money order. The mailing address for payments is

Brandeis University

P.O. BOX 4055

Boston, MA 02211-2003

2. Credit Card and electronic withdrawal from US checking or savings accounts Credit card and electronic payments can be made online at afford.com or through your sage account by selecting the “Account Inquiry” link in the Finances section . Next, select the “activity” link. The “Total Balance for all Terms” is the amount due. Credit cards accepted are Discover, MasterCard and American Express (fees do apply for credit card payments and Visa is NOT accepted) No fees apply to the direct withdrawal from checking/savings accounts.

3. Wire Transfer There is a new payment option for students paying by wire. We've contracted with Travelex, a global payments company. The new service, PAY24-7, will allow students to pay by wire at a reduced corporate exchange rate rather than the retail rate banks usually charge – a potential savings of 3% to 6%. We have updated the instructions on our bills and our website to reflect this new service. The link to the Brandeis Travelex PAY24-7 site can be found here. If you are having any difficulties submitting a wire transfer, please contact our office at 781-736-3700 or sfs@brandeis.edu

4. Cash, Checks, Money Orders, and Traveler's Checks You can pay with cash, check, money order or a traveler's check in the Office of Student Financial and Academic Services. The office is located on the second floor of Usdan. Cash payments exceeding $9,999 must be reported to the IRS and will require you to submit proof of identity.

5. 5 or 10 Month Payment Plan SFS understands that paying the full balance by the due date can be difficult for some families, which is why they joined with a third party system, Tuition Management System (TMS) to provide families the option of a payment plan. For a small application fee ($70 for both semesters or $50 for one semester), parents and students have the option of paying part of their bill the first of every month. To learn more or sign up for the plan, please contact TMS at 1-888-216-4258 or online.

You can view the complete list of payment options online at brandeis.edu/sfs. As a reminder the bill is due August 12th. Please make payment arrangements to ensure that you are not charged at late fee of $100 or 2% of what is due.

Savvy Student

College Money Myths

One of the biggest challenges in adjusting to college life is not actually related to academics, but rather personal finance. For many students, it will be their first time working and earning a weekly paycheck, opening a checking or savings account and even building up their credit through student loans or credit cards. And, although this may seem like standard practice, students being introduced to these types of financial responsibilities for the first time can either be oblivious to what it entails or overwhelmed by it.

When it comes to working, students often times do not even know how to properly complete the W-4 Federal tax form, nor do they understand interest rates, APR's or the like. So, where do students turn to, for answers in this tech savvy day and age? The internet. And, with so much information available on personal finance and money management it is hard to sort through what might be fact, fiction or opinion when it comes to your financial well being.

So, as we often pledge to do, we have come across an article from Fox Business on 6 College Money Myths that we think you should read before heading back to school. These tips could prevent you from damaging your credit or that of your parents. The article focuses heavily on credit cards and understanding how to use them responsibly, as well as, the importance of checking your credit report annually. FYI, the article does refer to 9 money myths, but only 6 are posted.

Savvy Student

Samsung, Droid, HTC Let's Talk Cell Phones...

Are you in the market for a new cell phone? And, not just any regular old cell phone since smart phones are all the rage-are you looking for the latest Android, HTC or Samsung? If so, keep reading...

We have come across two very legitimate websites that can save you more than 50% on your next purchase. These websites will not interfere with your cell phone plan unless you are already receiving a discount. So, if you're coming up for a contract renewal or you just need a new phone you can save more money with these online companies than with your cell phone provider. Just for example, the Samsung Galaxy sells at Verizon Wireless for $99. Through our online suggestions you can purchase the exact same phone for FREE.

Are you intrigued yet?

The websites we have found and had personal experience with are WireFly.com and LetsTalk.com. The deals offered change frequently, but are worth comparing to the price given by your carrier. You should do your research ahead of time to determine which phone you want to purchase and then let the deal come to you.

Just checking today we have found significant savings on the HTC EVO from Sprint. Carrier price is $149, but through LetsTalk.com you pay just $39.99. The HTC Thunderbolt is on sale with Verizon Wireless for $249.99 down from $569.99, but with our online search you can get the same phone for $39.99. These websites serve the same purpose as a mall kiosk or cell phone carrier at BestBuy. You can purchase the phone and renew your service all at once. Again the savings are spectacular, but do your research and definitely check with your carrier first.

~Savvy Student

Budget Friendly Father's Day

With Father's Day this Sunday it may seem impossible to show your dad how special he is without spending a lot of money. The ads on tv or the radio imply that the best gifts to get for Sunday are either an Ipad or smart phone. This may be the case for some tech savvy father's, however, they each come with a hefty price tag. So, what can you do if you are on a budget and you need last minute gift ideas? Well, stick with Savvy Student because we have the 411.

Our previous post provided information on coupons and how best to use these money saving devices. Well, gift buying is no different. The thought put into the gift is what counts not the price tag, and if you are able to save a few bucks along the way, who care's? Always be sure to check the circulars or the internet for product discounts. You may be able to save a percentage on the item itself or on shipping. Simply type in "(Business Name) Coupon Code" into the search engine to see what pops up.

A father called into the radio station just the other day giving advice to "poor" college students. What he suggested was a gift of time and effort that involved no exchange of money and was often more appreciated than any store bought present. His list of ideas included cleaning and detailing your father's car or completing a task or chore you know he dislikes, but to do it as a surprise, not as a promise of something you "will" do.

If you don't have money to spend on dear old dad, you can still spend time with him and make it special. Schedule a father/son or father/daughter day where it is just the two of you. You can go for a walk, play a game, go fishing or any activity that he enjoys doing. Making memories is priceless and will last a lifetime.

If you find that you do have money to put towards a present for your father just remember that you don't have to break your budget. Most father's would appreciate any gift and would probably rather see you save your money.

We at Savvy Student wish all you father's out there a very Happy Father's Day!

Mastering the Art of Couponing

Twenty years ago coupons were rarely ever looked at, much less used. They were included with the Sunday paper only to be tossed aside while searching for store flyers. Fast forward to June 2011 where coupons have taken on a brand new identity, changing the once negative stigma surrounding them into a hip way to save money. Beginning as newspaper inserts, then in-home mailers such as ValPak, coupons have finally and most successfully hit the internet, which has become quite popular amongst today's tech-savvy shoppers. Since not all coupons are created equal and "clipping" coupons is a time consuming deterrent, we at Savvy Student have decided to help make you a couponing guru. So, please read on for the best tips and advice to keep you at the top of your game.

In our research, we have come across several websites that discuss couponing and its money saving benefits. Couponing has become so popular that TLC even created a reality tv show on obsessive couponers called Extreme Couponing. Individuals featured on this program save hundreds of dollars at the check out with their coupons and even have the ability to donate certain goods that they purchased too many of. The key for these shoppers is to get organized and get multiples of all coupons. While TLC does not recommend this, it has apparently become common practice to steel coupon inserts from the Sunday paper, which is almost funny being that they were once considered junk mail. Luckily, you don't need to take to dumpster diving 0r coupon theft to save money. Below are some websites that we found useful to help get you the biggest bang for your buck.

According to the personal finance blog, MONEY NING it is possible to save money at the grocery store by getting extra coupons, shopping the grocery circular before your trip and by organizing all of your coupons. If you would like to see MONEY NING's other tips you can view the article in full here.

The Money Beagle says to "Keep it simple." Look online and check the Sunday paper for money saving deals. If you are doing a search online type "Amazon coupon code" or "promo code" in the search engine and see what comes up.

About.Com/Frugal Living has a beginners guide to couponing which offers great tips on locating coupons, store policies on coupons and how to get organized with your clippings.

Vastly different from the other websites listed we have come across thekrazycouponlady.com. This website offers a snapshot of the best product deals, as well as free printable coupons and a "Brag Lounge," amongst other fun couponing items.

As you take on this new challenge, be leery of spam websites. We found that several coupons were blocked by random surveys and subscriptions. But, if you do your due diligence you should be on the fast track to savings.

If there are other coupon sites that you have used and like, such as Retailmenot.com, please let us know and we will post them.

~Savvy Student

Out With The Old and In With The Money

If you are searching for a way to earn a few extra dollars while clearing out some space in your basement or garage, we have your answer...a yard sale! And, if you are a boarder-line hoarder, this may also pave the way to recovery.

Either way, Savvy Student has a few tips via Today Money to help make your next sale a profitable one.

Advertising and organizing are among the top suggestions offered by experts. Although this may seem like common sense, it's all in the details that people tend to leave out. Make sure to use bright, easy to read signs that are placed throughout your neighborhood. As we are in a technology led world, don't forget to advertise online through sites such as Craigslist. Organize as you pick through items in your house to be sold and add post-it notes to help answer shoppers questions such as "dishwasher and microwave safe".

Presentation is also important. Set up areas with like items and leave walking room for customers. Make sure to clear away cobwebs and clean off any dusty goods, as well. And, to further entice shoppers mow the lawn and clean up your flower beds.

For more hot tips on summer yard sales you can view the article in-full here.

How to Lower High Cost Utility Bills

For those of you who have taken the summer to venture off-campus and away from home you may find the independence exciting. However, once you settle in the responsibilities can be a little overwhelming. Aside from rent there are always going to be variable expenses such as food and transportation. If you are a regular to Savvy Student, then you have hopefully learned how to manage a budget and monitor your spending habits, so those types of expenses should already be covered. Yet, there are some bills that are hard to plan for especially if you have never had to pay for them before, i.e. your utility bills. And, different seasons can impact the amount of your bill depending on usage. But, do not fret! Savvy Student knows a few simple steps on how to decrease those high summer (and all year round) utility bills.

WATER
1. Check to make sure none of the faucets in your household are leaking/dripping. A slow dripping faucet can accumulate over two gallons per hour!
2. Take shorter showers. I know it sounds obvious, but did you know that a shower uses approximately 6-10 gallons of water per minute? Think of how much money you could save if you shaved a few minutes off of your shower.
3. Contact your utility company to see if they offer reduced rates at certain times of the day and either timer-delay your washer/dishwasher or wait until that time to do your loads.
4. Recycle your water from fish tanks and use it to water your plants. Fish emulsion is a good and inexpensive fertilizer. It is high in nitrogen and phosphorous- just think that you will save on fertilizer AND water.

GAS
5. Close off the rooms that aren’t in use in your home. This will help keep the rooms you do use warmer or colder.
6.Invest in a water heater timer if you have an electric water heater. By turning the heat off during the time it is not in use you will save money on your bill without even making a sacrifice.
7. Turn your thermostat down just three degrees. By doing so you will save approximately three percent on your heating bills.

ELECTRICITY
8. When purchasing new appliances it's best to consider energy efficient models. You may have to shell out a little more money for the switch, but you can save hundreds of dollars a year, making it worth the investment.
9. Get into the habit of turning off ALL lights and appliances that are not currently in use . You'll be surprised at how quickly the energy savings will add up.
10. The dryer will use less energy if you dry several loads of clothing, one after another because the dryer will already be hot. What an easy way to save money and get your laundry done faster!
11. You can call your utility company to find out if they have off-peak hours and when they are. Many companies charge less for your electricity at night and more during the day. By doing your laundry and dishes during off-peak hours you could easily save money off of your utility bill.
12. Its best to use low-wattage light bulbs or energy efficient fluorescent lighting. Compact fluorescent typically last ten times longer and they use 75% less electricity.

With time, these simple acts will prove beneficial--financially and environmentally. So, stop spending 40 minutes in the shower and save enough $$ to pay for that parking permit next semester :) .

Smart Living,
Savvy Student

Helpful Tips on Repaying your Loans

Before it's time to repay your student loans, it's essential that you understand the options available to you. Savvy Student wants to inform you that a little planning and knowledge now, can go a long way toward making your student loan repayment easier and less stressful.

Step 1: Know Your Lender

This may seem very basic, but many students have loans from different sources. For a detailed view of your financial aid history check out NetPartner on Sage or stop by our office, if you are unsure of your loans. Once that is complete figure out ways in which you can repay your loans. Can you make payments online or set up automatic bill pay? What repayment plans are available?

Step 2: Consider Consolidation

According to Student Aid on the Web, a Direct Consolidation Loan allows a borrower to consolidate (combine) multiple federal student loans into one loan. The result is a single monthly payment instead of multiple monthly payments. However, you want to keep in mind that by consolidating you're extending your repayment term, which may lower your monthly obligation, but could mean paying more interest over time. However, since student loans have no prepayment penalty, you could always make additional payments when you are able to do so.

Step 3: Repayment Options

Most loans will require minimum monthly payments, but sometimes you may be able to afford to pay more each month. If you find yourself with a little extra cash, you should try to make a larger than usual payment to at least one of your loans. Pick the loan with the highest interest rate and largest principle, this way you might prevent yourself from building up a little more of that evil interest. Keep in mind that loan companies will usually consider larger-than-usual monthly payments as just that, and not as an advance payment for the next month. Therefore, you will still probably owe the minimum monthly payment for the next month, and you should plan for that. If you get extra cash this month, but will likely have a deficit next month, save today's cash for next month's payment.

It may be helpful to use a budget spreadsheet. This way, you would be able to plan for all of your expenses and income, and be able to save in advance for any foreseeable loss of income or foreseeable increases in expenditures. A few excellent budget spreadsheets are available here, including spreadsheet specifically for debt-reduction. Don't forget to include your monthly payments towards your loans!

For any and all loan repayment advice you may always stop by our office to speak with Steven Doona, the Assistant Director of Student Loans.

Best of luck to you!!!!!!!!!!!!!!!!!!!!!!

Savvy Student

The Power of Ten

As a college student you have hopefully become a master at stretching the 'ole dollar, so if given $10 how long could you make it last? What does $10 even get you when the economy is weak and gasoline is so expensive? If you suddenly found $10 on the street or in a coat pocket you would be ecstatic right? So, to begin with $10 can buy a bit of happiness- yes?

Savvy Student has provided a link to Wikipedia here, so that you can read up on the $10 bill and become acquainted with it's interesting history.

For instance, did you know that the average life of a $10 bill in circulation is 18 months before it needs to be replaced from wear and tear? Or, that Alexandra Hamilton, U.S. Secretary of the Treasury is only one of two non-presidents to be featured on currently issued U.S. bills. The other one is Benjamin Franklin whose face appears on the $100 bill.

Portraits on the $10 bill changed multiple times since it was first issued in 1861. Those having been featured on the bill include President Lincoln, Andrew Jackson and Lewis and Clarke, just to name a few.

In 1869 the $10 bill became known as the "jackass note" because it featured an eagle that when turned upside down looked like a donkey. This same note also included a representation of Pocahontas being presented to the Royal Court of England.

So, now that you know all about the $10 bill (and more) what can $10 get you these days? Leave it to Savvy Student to find out...

Spend a rainy day at the MFA. Bus fare from Brandeis to the MFA is around $9.50 and entry to the MFA is free.

According to BestTravelDeals.net there are 10 things to do, under $10 in Boston including a visit to Jamaica Pond, Coit Observatory or taking in a movie at the Coolidge Corner Theater.

Take the bus or train into Cambridge and walk around Harvard Square or visit Boston and walk the Freedom trail- all under $10.

Visit the Brandeis bookstore and you will find several branded items for under $10. Brandeis memorabilia runs the gamut from coffee mugs to key chains and pennants to socks.

So, if you find yourself short on cash, but can scrape together $10 think of all the fun things you can do.

Have a Savvy Summer!

To Thee I Owe For This Degree They Bestow

If you are graduating college this year Congratulations! And, oh yes don't be alarmed at the loan debt you have accrued, you are not alone.

(insert sounds of tires screeching to a halt or as I prefer to visualize the old Flintstone's Cartoon with Fred Flintstone bringing his car to an abrupt stop)

Sorry to bring you down, but unfortunately the reality is that the Class of 2011 will be graduating with an average of $22,900 in loan debt. According to YAHOO! Finance in reference to an article from the Wall Street Journal, this year's graduates will be the most indebted ever. There is an 8% increase this year compared to 2010 and a 47% hike (in inflation adjusted terms) from more than a decade ago.

According to the same article, the good news is that the investment is worth it (Yes! There is a silver lining). Furthering your education is a much better reason to borrow money rather than building up debt for cars or expensive homes. Statistics also show that as of 2009, the annual pre-tax income of households headed by people with at least a college degree exceeded that of less-educated households by 101%, up from 91% in 2006. As of April, the unemployment rate among college graduates stood at 4.5%, compared to 9.7% for those with only a high-school diploma and 14.6% for those who never finished high school.

View the YAHOO! Finance/ WSJ article in-full here.

And, stay tuned to Savvy Student because we will have some suggestions on minimizing your loan debt and tips for paying back all those lovely loans.

~Savvy Student

Financial Nirvana

You may not be able to tell by today's weather, but summer is just around the corner, and as with any new season, new expenses are certain to follow. So, how does one stay financially healthy amongst all new obligations and responsibilities? The quick answer is to begin reading or better yet, continue reading our blog!!!

But, in all seriousness you should get to know your spending habits- do you tend to buy things you need or want? Also, do you shop and make purchases when you are in a certain mood?

Below are just a few things we want you to know, think about, and ask yourself as you build your financial life:

1.) If you had all of the money in the world, what would you do? How would you spend your money? Would you buy experiences or things? At the end of your life, many of the things you purchased may not withstand the test of time, but by contrast, all the experiences you have will stay with you forever. The trips to Europe with your friends, the vacations with your family, and the walks on the beach with your significant other – you’ll come to understand that using money to buy experiences may just be what you really value money for. At the end of the day, it is much easier to make decisions about money when the choices you make are aligned with your values.

2.) All financially successful people have some type of budget and stick to it. We understand that some people are frightened by the word! “Budget” means you have to cut back and can’t really spend money on the things that make you happy. Right? Wrong! If you create a realistic budget for yourself you'll begin to see that by cutting back in certain areas, you will have found money to put aside for savings and yet, still have money left for entertainment. Sounds great, doesn't it? Its all in the way you look at things--"Tomato, Tomatoe".

3.) Are you a natural entrepreneur, or do you like the stability of working for someone else? We understand that it will be hard to start a lemonade stand this summer at the age of 19, but you are all Brandeis students and thus capable of starting a great summer job such as your own landscaping company. As an entrepreneur, you are the key decision maker. How does that feel to you? If you prefer to be the employee, you have more job security and a steady paycheck. It’s ok to be either an employee or an entrepreneur. Make a conscious choice and do what feels right.

4.) What is it that you really like to do? If you have no idea, then try new things this summer (but make sure to stick to your budget). It never hurts to try. By knowing what you enjoy doing, you will be able to figure out where you spend your money the most. This will help in budgeting for the month--you can now create an amount for that particular habit for the month and stick to it, instead of spending an unknown amount of money.

5.) What have you learned from your parents about managing your money?
What did they teach you and why? Did they even talk to you about money? Or was it a taboo subject? Are you now faced with the fact that you have to get some financial education on your own? How are you going to do it? This is where Savvy Student comes in with all our useful information. Visit our website weekly for exciting news on how to manage your money, eat and shop for less and many more budgeting tips.

Now that you have answered all 5 questions and know your financial self, it is time to put what you've learned to the test. Create a budget and see how easy it is to stick to it! Now that's financial nirvana.

Sweet Sailing,
Savvy Student